Stock price when the opinion was issued
These shares are for kids and the grand kids because the dividend yield is not great (about .05%), but has been growing at roughly 30% per year. Company manufactures software. Think of 3-D for oil and gas analyzing in laboratories with electron microscopes. All of that can be seen in 3D which allows them to get better depth and better information for better evaluations. They don’t have a lot of competition and have been growing at 20%-30% over the last 10-20 years.
He would have liked to have held this for the next 15-20 years, but it is being acquired by Thermo Fisher Scientific (TMO-N) in 2017.